Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BOVAP from Heusden-Zolder, company number BE0415142875, closed financial year 2025 with a result of € 289,715 after tax. For that financial year BOVAP recorded a gross margin of € 1 million and equity of € 7 million. Compared with financial year 2024, the result moved from € 195,590 to € 289,715. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ 7 million
▲ 281% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 289,715
▲ 48% vs 2024
Profit after tax over the fiscal year.
€ 81,698
▲ € 70,612 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 174,338 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 2.9 million
▲ 10% vs 2024
€ 463,249 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 150,732
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,617
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,157,357 | € 1,428,802 | - | - | |
| Gross margin | - | - | € 839,886 | € 1,042,866 | ▲ 24% |
| Profit after taxes | € 38,522 | € 86,547 | € 195,590 | € 289,715 | ▲ 48% |
| Equity | € 1,768,252 | € 1,725,093 | € 1,836,754 | € 6,992,164 | ▲ 281% |
| Total debts | € 2,280,001 | € 2,861,303 | € 2,859,791 | € 3,114,942 | ▲ 9% |
| Cash | € 6,624 | € 175,699 | € 11,087 | € 81,698 | ▲ € 70,612 |
| Land & buildings | € 2,546,211 | € 2,416,765 | € 2,279,712 | € 7,182,693 | ▲ 215% |
| Retained profit | € 1,346,252 | € 1,303,093 | € 1,414,753 | € 1,530,130 | ▲ 8% |
| Dividend | € 28,386 | € 129,706 | € 83,929 | € 174,338 | ▲ 108% |
| Bank debt | € 2,197,083 | € 2,563,750 | € 2,600,416 | € 2,858,443 | ▲ 10% |
| Balance sheet total | € 4,064,269 | € 4,598,848 | € 4,705,431 | € 10,112,427 | ▲ 115% |
Key figures of BOVAP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BOVAP?
What happened at BOVAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 289,715 (▲ 48% vs 2024). Source: NBB ↗
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,522 profit in 2022 to € 289,715 profit in 2025.
Paid € 129,352 in corporate taxes since 2022.
Best year ever: 2025, with € 289,715 profit.
Paid out € 416,359 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BOWAR, RBNS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOVAPBehind BOVAP are Brecht Geerts BV, Truus Roesems, Mathias Vlasselaer BV, Ilse Van de Voorde, Koen Vandevenne BV and Bowar BV. The shares are held by BOWAR (17.1%) and RBNS (4.2%).
Directors
According to the 2025 annual accounts
Truus Roesems
Director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pastoor Paquaylaan 186
3550 Heusden-Zolder
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0415.142.875
- VAT number
- BE 0415.142.875
- Registered office
- Pastoor Paquaylaan 186, 3550 Heusden-Zolder
- Names & denominations
- BOVAP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1975
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- mireille.be
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van woningen, exclusief sociale woningen